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Councilman Chadis trying to manage payday loan providers

Councilman Chadis trying to manage payday loan providers

Councilman Chadis trying to manage payday loan providers Councilman Juan Chadis thinks short-term loan providers are preying on Lubbock’s many vulnerable residents, so he’s gearing up to introduce an ordinance targeted at managing the industry in Lubbock. Chadis is hoping Lubbock joins the almost 40 towns and cities throughout the declare that curently have a standard ordinance to lessen the «abusive and predatory financing techniques» of short-term loan providers referred to as payday or automobile title loan providers. These loan…

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